Retirement plan

3-G CONSTRUCTION CO., INC. 401K PLAN

Name: 3-G CONSTRUCTION CO., INC. - 3-G CONSTRUCTION CO., INC. 401K PLAN (2017) Form 5500
Creator: 3-G CONSTRUCTION CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 3-G CONSTRUCTION CO., INC. 401K PLAN, 3-G CONSTRUCTION CO., INC.

3-G CONSTRUCTION CO., INC.EIN 86-0370235Plan #001PY 2017

1820 E DEER VALLEY RD - PHOENIX, AZ 850245605602-569-09003-gconstruction.comLinkedIn201-500 employeesconstruction

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$5M

+93.5% from 2016

Total participants

228

+72.7% from 2016

Average account balance

$32,547

+29.0% from 2016

Annual return

70.97%

+62.42 pp from 2016

Benchmarks

See 2,582 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,582 peers

Snapshot2017

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$14.15M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$81K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

175

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

80.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$853K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+18.04%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO Service code 26 8777 N GAINEY CENTER DR STE 100 · SCOTTSDALE, AZ 85258	Advisory (Participants)	$12,176
AMERICAN FUNDS1 year Service code 15 P.O. BOX 2280 · NORFOLK, VA 23501	Recordkeeping	$4,046
GOLDLEAF PARTNERS1 year Service code 13	Contract Administrator	$974
GOLDEAF PARTNERS1 year Service code 13 8009 34TH AVE S · MINNEAPOLIS, MN 55425	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2H2J2K3D3H2R

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$150

$1 / participant

Contract admin$150100.0%

% of EOY assets

0.003%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CLIFTONLARSENALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,547

$58,726-44.6%

$92,239-64.7%

$62,293-47.8%

Participation rate

60.3%

68.3%-8.0pp

76.5%-16.2pp

69.5%-9.2pp

Annual return

70.97%

43.62%+27.3pp

176.29%-105.3pp

28.90%+42.1pp

Employer contribution / active EE

$578

$2,392-75.9%

$3,680-84.3%

$2,042-71.7%

Participant deferral / active EE

$1,980

$2,766-28.4%

$3,897-49.2%

$3,169-37.5%

Admin fee / account holder

$556-99.8%

$5,194-100.0%

$479-99.8%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO

Service code 26

8777 N GAINEY CENTER DR STE 100 · SCOTTSDALE, AZ 85258

Advisory (Participants)

$12,176

AMERICAN FUNDS1 year

Service code 15

P.O. BOX 2280 · NORFOLK, VA 23501

Recordkeeping

$4,046

GOLDLEAF PARTNERS1 year

Service code 13

Contract Administrator

$974

GOLDEAF PARTNERS1 year

Service code 13

8009 34TH AVE S · MINNEAPOLIS, MN 55425

Contract Administrator

3-G CONSTRUCTION CO., INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

3-G CONSTRUCTION CO., INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion